QQQ/SPY Daily Market Review Archive
Start with the monthly path, find the days worth replaying, then return to the daily curve to see how QQQ and SPY were moving as the news arrived.
- Review days
- 1,361
- Trading days
- 933
- Closed-market days
- 428
- News
- 82,026
Recent reviews
QQQ pulls ahead of nearly flat SPY amid OpenAI model launch and unresolved Hormuz talks
QQQ rose 0.92% from the prior regular close through next-day 04:00 ET, while SPY was essentially flat, leaving QQQ ahead by 0.89 percentage points. Most of the gap developed during regular trading. OpenAI’s model launch, Barkin’s broad-inflation warning, and shifting Hormuz and oil-supply reports framed the day. Saudi oil loading was reported overnight, after the last observed ETF prices at 20:00 ET.
QQQ gaps higher and gains 2.99% as AMD tops $1 trillion, while late Hormuz diplomacy unfolds
QQQ and SPY opened above their prior closes and extended their gains during regular trading. At the last available prices, carried through the overnight segment, QQQ was up 2.99% and SPY 1.59%, leaving QQQ ahead by 1.39 percentage points. AMD's move above a $1 trillion market value, Meta and Nvidia AI developments, and SpaceX's increased Nasdaq-100 weight framed the technology-led advance. Brent crude falling below $100 was followed later by U.K. support for Saudi defenses, Franco-U.S. coordination on Hormuz navigation, and informal assurances that Yanbu crude loading could resume.
Record diesel prices, U.S.-China dialogue and AI spending frame a closed Sunday
QQQ and SPY retained Friday's closes because U.S. markets were shut. U.S. diesel rose to a record $6.505 per gallon, while U.S.-China talks covered trade, investment and AI. Shipping through Hormuz continued under U.S. Navy assistance and Iran reportedly offered war-end terms via Qatar. AI headlines included a $60 billion to $70 billion custom-ASIC estimate, while U.K. and U.S. regulators intensified reviews of banks' exposure to trading firms.
Market closed · No intraday price curve
U.S. markets stay closed as Hormuz signals diverge and Saudi defenses tighten
QQQ and SPY retained Friday's closes while U.S. markets were shut. U.S. Central Command said the main Hormuz channel had been cleared of mines, but Iran later said the strait would remain closed until its conditions were met. Houthi attack claims, Saudi interception reports, U.S. embassy alerts and Turkey's defense commitment kept regional security and oil-route risk in focus.
Market closed · No intraday price curve
Midday rebound lifts QQQ 0.72% while SPY finishes flat as AI deals and Red Sea risk frame the day
QQQ finished 0.72% above its prior regular close while SPY was essentially flat at +0.05%, leaving QQQ ahead by 0.67 percentage point after both recovered from midday lows. NScale's Anthropic GPU agreements and Fed remarks on AI capital demand framed the growth and rates backdrop. Saudi supply disruption and U.S.-Houthi talks shaped energy risk, while later reports on Anthropic's product and IPO timing and Macron's Hormuz outlook extended the overnight picture.
QQQ keeps a 0.51-point lead after a gap higher as claims hit 196,000 and memory stays tight
QQQ gained 1.57% and finished 0.51 percentage point ahead of SPY, which rose 1.06%. Both gapped higher. QQQ added modestly during regular trading and eased after hours, while SPY softened from the open but held most of its gain. Initial claims at 196,000 and tight AI-memory supply framed the strength. Mortgage rates at 6.95% and disrupted shipping remained constraints. Overnight, a $25 billion Arm-backed SoftBank loan extended the AI-investment theme, while Saudi sales of about 60 million barrels and two LNG cargoes through Hormuz pointed to partial energy-supply relief.
Fed hike leaves QQQ up 0.70% and SPY flat as Russia sanctions and Hormuz traffic add energy risk
QQQ gained 0.70% and led SPY by 0.70 percentage point, while SPY was essentially flat. Both rose early, fell during regular trading around the Fed's first rate increase in three years and firm inflation projections, then recovered after hours. Strong retail sales and Apple-Nvidia server plans framed the growth side. The House's Russia sanctions bill and an overnight drop in Hormuz commercial traffic to 3 vessels extended the energy and geopolitical risks.
QQQ slips more than SPY as Hormuz bottlenecks and UK inflation sustain oil-rate pressure
QQQ fell 0.55% and SPY fell 0.35%, so SPY led by 0.21 percentage point. Both recovered before the open, then weakened during regular trading and changed little after the close. Saudi export disruptions, oil-linked Treasury yields and the CBO's inflation estimate framed the session. Overnight data showing thin Hormuz traffic, firmer UK inflation and SK Hynix-Intel talks extended the energy and AI-chip backdrop.
QQQ recovers from a 1.68% opening drop but trails SPY as Treasury yields breach 5%
QQQ fell 0.74% and SPY fell 0.41%, leaving SPY ahead by 0.32 percentage points. Both recovered from deeper opening losses. QQQ gained 0.88 percentage points during regular trading versus 0.27 for SPY. A Reuters poll showed 86 of 101 economists expected a September rate increase, while 10- and 30-year Treasury yields later reached 5.02% and 5.40%. Major technology users tightened AI-model safeguards. Saudi pipeline repairs, limited tanker capacity and a late report of falling Hormuz traffic kept energy-route risk prominent.
Saudi pipeline outage threatens exports as a Hormuz tanker burns on closed-market Sunday
U.S. equities were closed Sunday, so QQQ and SPY carried Friday’s closes. Sources warned that the Saudi pipeline outage could remove up to 4% of global oil supply, and a loaded tanker was struck in Hormuz. CME FedWatch priced an 86.2% chance of a September rate hike. Anthropic reportedly signed a $13.7 billion compute deal, while Iran later said the planned Oman meeting had been canceled.
Market closed · No intraday price curve